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You will not receive SSI payment in October and here is why

The October Social Security SSI payment will not arrive in October for calendar reasons, although you can check when you will receive it

by Abraham Quirós Villalba
11/09/2022 08:00
in Money
In October there will not be Social Security SSI payment

In October there will not be Social Security SSI payment - CANVA

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Social Security Supplemental Security Income (SSI) payments are made every month in the United States. However, not every month the Social Security Administration sends out payments. That is, the payments are there, but there are times when one month there are twice as many payments and another month there are no payments at all. This is due to the day on which the SSI is sent.

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This cash benefit is always sent out on the 1st of the month. Well, actually it is almost always, as we have discussed before. When the 1st day of the month is a weekend or holiday, the Social Security Administration makes the payment of this benefit on the immediately preceding working day. For that reason, this September the SSA will send two payments, but in October it will send none.

Double payment of Social Security SSI in September

Therefore, in the months of September and October there is this particular change in the timing of SSI payments. The Social Security Administration sends two payments in September. However, it will not send out any payments related to this benefit in October. We can’t say that this is a big advantage, but it may be a big change for many people.

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You will receive double SSI payment in September
You will receive double SSI payment in September – CANVA

The schedule for September and October SSI payments is as follows:

  • September 1st: SSI payment for September.
  • September 30th: October SSI payment sent by the Social Security Administration.
  • October: SSI payment is not sent because the 1st of the month is a weekend.

However, the Social Security Administration sends the money on that day, but that does not mean you will receive it on the same day. If you have Direct Deposit activated, yes. Otherwise, it could take up to 3 days to arrive, so maybe you will have to wait a little bit before getting the money into your bank account.

Tags: moneySocial Security
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